Astra Capital Management Acquires Majority Stake in DartPoints
May 5, 2020
Astra Capital Management has made a majority investment in DartPoints, an owner and operator of edge colocation data centers, to fund North American expansion through a buy-and-build strategy. As part of the transaction, telecommunications executive Scott Willis joined DartPoints as President & CEO and several Astra partners and industry executives joined the board to support growth.
- Buyers
- Astra Capital Management
- Targets
- DartPoints (DartPoints Holding Company, LLC)
- Industry
- Telecommunications
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
NOVA Infrastructure Majority Investment in DartPoints
April 30, 2025
Telecommunications
NOVA Infrastructure has completed a majority investment in DartPoints, providing a significant growth capital commitment to scale the company's data center platform and pursue capacity expansion and strategic M&A. Orion Infrastructure Capital joined as a lender and minority equity investor, while existing sponsor Astra Capital Management retains a meaningful minority stake; NOVA and OIC committed more than $250 million of capital and DartPoints acquired the underlying real estate for three of its facilities.
-
DartPoints Acquires Immedion
March 16, 2021
Telecommunications
DartPoints has signed definitive agreements to acquire Immedion, a Greenville, South Carolina-based provider of colocation, cloud and managed services operating eight data centers across seven markets. The acquisition—backed by Astra Capital Management and expected to close in Q2 2021—more than doubles DartPoints' edge colocation footprint and expands its interconnection capabilities into additional tier‑2 and tier‑3 U.S. markets.
-
DartPoints Acquires Metro Data Centers
October 28, 2020
Telecommunications
DartPoints, a Dallas-based owner and operator of edge colocation data centers, has acquired Metro Data Centers (MDC), a carrier-neutral data center provider in Dublin, Ohio. The acquisition expands DartPoints' regional footprint and adds over 22,000 square feet of colocation and carrier-neutral interconnection capacity to support cloud and content service providers in Central Ohio.
-
Astra Capital Management Invests in Communication Technology Services (CTS)
February 11, 2020
Telecommunications
Communication Technology Services (CTS), a Marlborough, Massachusetts-based provider of in‑building wireless and wireless infrastructure services, has received an equity investment from Astra Partners I, the flagship fund of Astra Capital Management. Terms were not disclosed; Astra said the capital will help CTS scale operations and accelerate development of new services, including private wireless network offerings.
-
DC Capital Partners Acquires AstreaX
May 10, 2024
Government & Public Sector
DC Capital Partners Management, LP has made a controlling investment in AstreaX, a provider of software development and implementation services for DMV and government IT modernization. The investment will support AstreaX's expansion of its IT modernization offerings, digital identity and super-portal solutions across additional state and provincial jurisdictions.
-
Strattam Capital Majority Growth Investment in Daxtra
June 28, 2023
AI & Machine Learning
Strattam Capital made a majority growth investment in The Daxtra Group, partnering with founders and co-owners Andrei Mikheev and Steven Finch. The investment will fund Daxtra's expansion in North America and accelerate adoption of its AI-enriched recruiting software and services.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.